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UOB to invest over $500 mil to build new global technology and innovation centre in Punggol
"Our investment here reinforces our commitment to grow our Singapore core," says UOB CEO Wee Ee Cheong
May 04, 2023
Zest
UOB CEO Wee Ee Cheong's salary grew by 30.2% y-o-y to $14.2 mil after UOB's record-high earnings for FY2022
In his deputy chairman and CEO’s report, Wee acknowledged that FY2022 was a “strong year” financially for the bank.
March 23, 2023
Global Economy
Briefs: Wee Cho Yaw relinquishes board roles, China's factory activity tops decade high
"Evolve or die. That’s what’s happening here." - Bridgewater Associates CEO Nir Bar Dea.
March 02, 2023
Insider moves
CEO Wee of UOB and chairman Tan of Kim Heng raise stakes in respective companies
UOB's total payout for FY2022, at $1.35, is equal to a payout ratio of 49%
March 02, 2023
New appointments
Wee Cho Yaw to step down as chairman of the board at UOI; Wee Ee Cheong to become next chairman
Wee will retire by rotation and not seek a re-election at the group’s AGM, which will be held on April 14.
February 28, 2023
Results
UOB posts record high earnings of $1.4 bil in 3QFY2022, up 34% y-o-y
During the 9MFY2022, net profit surged by 12% y-o-y to $3.42 billion.
October 28, 2022
Insider moves
Insiders of UOB, A-Sonic, Meta Health and United Hampshire make market purchases
Wee Ee Cheong bought shares of UOB while Wee Teng Wen bought shares of United Hampshire US REIT
August 25, 2022
Insider moves
CEO Wee in the market for UOB shares with $2 million spent over three trading days
Wee paid between $26.7227 and $26.95 each for the shares
August 23, 2022
Insider moves
United Hampshire US REIT director Wee bought shares
United Hampshire US REIT closed Aug 19 at 60 US cents
August 19, 2022
Zest
Public trust in Singapore banks remains despite Covid-19 uncertainties: ABS survey
The participating banks in this survey include Bank of Singapore, Citi, DBS, HSBC, Maybank, Nomura, OCBC and UOB.
April 26, 2022